At its meeting on 6 June, the Governing Council of the European Central Bank (ECB) decided to lower the three...
Latest Global Economic News
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Euro Area: ECB cuts rates for the first time since 2019 in June -
Czech Republic: Industrial output bounces back in April Industrial output rose 0.6% month on month in seasonally adjusted terms in April, which contrasted March’s 1.6% decrease. Looking at... -
Slovakia: GDP growth hits highest rate in two years in Q1 A second national accounts release confirmed that the economy surged in the first quarter, expanding 2.7% year on year (Q4... -
Ireland: GDP records fastest expansion since Q3 2022 in the first quarter GDP bounced back in the first quarter, growing 0.9% on a seasonally adjusted quarter-on-quarter basis, contrasting the 3.6% contraction logged... -
Poland: Economy records fastest expansion since Q4 2022 in the first quarter According to a second estimate, GDP growth accelerated to 2.0% year on year in the first quarter, from 1.0% in... -
Spain: Industrial output bounces back in April Industrial production grew 0.3% month-on-month in seasonally adjusted terms in April (March: -0.7% mom). Looking at the details of the... -
Canada: Bank of Canada decreases rates in June At its meeting on 5 June, the Bank of Canada (BOC) reduced its target for the overnight rate to 4.75%... -
Philippines: Inflation comes in at highest level since December 2023 in May Inflation inched up to 3.9% in May from April’s 3.8%. May’s result marked the highest inflation rate since December 2023... -
Hungary: GDP records best reading since Q3 2022 in Q1 2024 A second release confirmed that GDP grew 1.1% year on year in Q1 2024, above the flat reading seen in... -
Kenya: Central Bank of Kenya maintains rates in June At its meeting on 5 June, the Central Bank of Kenya (CBK) decided to retain the key policy rate at...